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Nikkei Markets

Singapore Exchange's quarterly profit hits decade high

Debt program of S$1.5 billion hints at acquisitions

The Singapore Exchange earlier this year tightened the rules for listed companies appointing auditors. (Photo by Ken Kobayashi)

SINGAPORE (Nikkei Markets) -- Singapore Exchange posted its strongest quarterly results in more than 10 years as derivative trading volumes soared, driven by greater interest from investors outside Asia.

SGX also said it saw good growth opportunities as emerging Asian markets become more international. The 1.5-billion Singapore dollars ($1.1 billion) multicurrency debt issuance program it set up earlier this month will help it pursue investment opportunities, the exchange operator said.

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